Richmond Suburb Report | Jellis Craig

Richmond

Suburb Reports - Your connection to property insights

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3121
Property prices

Median house price

Median Info * Updated monthly for the past 12 months

$1.36m


Monthly price change Price change Info * Updated monthly for the past 12 months

0.37%


Median unit price

Median Info * Updated monthly for the past 12 months

$570k


Monthly price change Price change Info * Updated monthly for the past 12 months

0.18%


Richmond monthly median property prices

Houses    Units

Compare my property

Choose your property type below to find out the median price and recent comparable sales in Richmond.

Property Type

Bedrooms

Median price Info * Updated monthly for the past 12 months

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Median price change Median price change Info * Updated monthly for the past 12 months

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Recent comparable sales Recent comparable sales Info * Updated daily for the past 12 months
Address Bedrooms Type Price Sold
Surrounding suburbs

Compare how Richmond is performing compared to its closest neighbours.

Median sale price Info * Updated monthly for the past 12 months

Houses    Units   

Kooyong $4,535,000

Kooyong $4,535,000 0%

Toorak $4,510,000

Toorak $4,510,000 6% decrease

Malvern $2,565,000

Malvern $2,565,000 0%

Hawthorn East $2,489,000

Hawthorn East $2,489,000 0%

South Yarra $2,050,000

South Yarra $2,050,000 0%

Prahran $1,625,000

Prahran $1,625,000 0%

Windsor $1,457,500

Windsor $1,457,500 5% increase

Burnley $1,367,500

Burnley $1,367,500 4% decrease

Richmond $1,360,000

Richmond $1,360,000 0%

Cremorne $1,280,000

Cremorne $1,280,000 7% increase
Sales snapshot

Key insights to the property market within Richmond.

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past Saturday's auctions

56.16%


Median days on market Info * Updated monthly
for the past 12 months

House

25 days


Median days on market Info * Updated monthly
for the past 12 months

Unit

26 days


Jellis Craig average inspection attendance per listing Info * Jellis Craig's average inspection attendance per listing (houses) for the past 12 months

38 groups


Average hold period Info * Updated monthly for the past 12 months

House

15.1 years


Average hold period Info * Updated monthly for the past 12 months

Unit

12.3 years


Investor insight

Explore key demographics and investor insights including median asking rent and ownership statistics within Richmond.

Dwelling type Info * ABS 2021

Houses 23%    Units 77%


Population Info * ABS 2021

28,587


Population growth Info * ABS 2021

3.18%


Median age Info * ABS 2021

34 years


Ownership Info * ABS 2021

Owned Outright 19%    Mortgaged 25%    Rented 56%


Median asking rent per week Info * Updated monthly for
the past 12 months

House

$895


Median asking rent per week Info * Updated monthly for
the past 12 months

Unit

$600


Rental yield Info * Updated monthly
for the past 12 months

House

3.64%


Rental yield Info * Updated monthly
for the past 12 months

Unit

5.95%


Median household size Info * ABS 2021

2.0 people


Sold properties

Interested in what other properties have sold within your suburb? Discover the last 12 months of sales in your area below.

Properties

Property Type

Bedrooms

Price range


Address Bedrooms Type Price Sold

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